Hermès International has approved the preliminary sales report released last month (see previous issue), in which overall revenues grew by 22.8 percent to €1.07 billion. It has added information on its profitability, showing an even more impressive jump. First-half net profit rose by 55.2 percent to €194.6 million, and the operating margin improved to 28.3 percent from 22.8 percent in the same period a year ago. The management is predicting that the margin will be at least one additional percentage point higher for the full year on a sales increase of 12 percent.